Sharjah Invites Pakistani Investors to set up in Free Zone
Pakistan Times Business & Commerce Desk

LAHORE: The Sharjah government has invited Pakistani investors to set up their industries in Hamriyah Free Zone.

Hamriyah Free Zone (HFZ) director-general Dr Rashid Al Leem extended this offer to Pakistani investors at a seminar here on September-5, organised by Hamriyah Free Zone Authority in a bid to motivate Pakistani business community to establish and set up their unit in HFZ.

The businessmen can set up their branch offices and subsidiaries in Sharjah without the involvement of locals on 100 percent ownership rights.

"Industrialisation grew by 40 percent last year, and some 900 companies from 60 different countries are currently running business from there and investment has surpassed over $2 billion," he informed participants of the seminar.●